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Ain805
Ain805
01.04.2020 • 
Mathematics

Match the terms to their correct definitions. 1. Adjusted balance the fee a bank pays you to keep your money 2. ATM Automatic (or Automated) Teller Machine a commitment of money in order to gain a financial return 3. Bond a share of money earned as profits by a company and distributed to its stockholders 4. Certificates of deposit (CD's) account allows you to write an instruction to the bank, as a check, to make a payment from that account 5. Checking account accounts are set up to save for specific purchases 6. Club account a trust established while the owner of the trust is still alive 7. Compound interest like loaning money to the company for interest 8. Debit card can be used like a credit card, but money is deducted directly from bank account 9. Dividend investment instrument in which you purchase a part of a collection of investments 10. Estate planning interest figured only on the amount of money in the savings account 11. Interest permits the customer to make transactions by using a special computer terminal 12. Intestate balance after adding the outstanding deposits and subtracts the outstanding checks to the balance on the statement 13. Investment interest figured on the amount of money in the savings account plus the amount of interest already earned 14. Living trust without a will 15. Mutual fund a share in the ownership of a company 16. Simple interest document that specifies how one desires his estate to be distributed upon his death 17. Stocks planning for the distribution of one's estate after death 18. Trust a sum on deposit usually for a given period of time at a fixed interest rate 19. Will the annual interest ÷ cost 20. Yield an estate, or other property or money, given to a person or institution to manage

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